Fitzpatrick Team Re/Max

Real Estate To Grow Your Investment Portfolio

Commercial Space in Downtown Newport

477 Thames Street, Newport, Rhode Island

Open your own business! This commercial condo is located right on Lower Thames Street with great visibility. Includes a dedicated parking spot, storage in the basement and is professionally managed. The Large windows in the front make it great for display purposes and natural light. This would be a perfect spot for a boutique retail shop or an office space to meet with clients. Take this opportunity to invest in yourself with an amazing store front condo. Nothing says Newport like being on Thames Street.

Historical Building Ideal for Medical/Cosmetic Industries 

253 Broadway, Newport, Rhode Island

Turn this historic building into the perfect medical spa! This Broadway Victorian has been completely renovated with attention paid to the original details. With 6 fireplaces, gorgeous woodwork throughout, gracious formal living areas, and 7 beds and 3.5 baths in over 4700 square feet of living space, this home is truly unique. With a new custom kitchen and all new bathrooms, while at the same time refinishing the lovely hardwood floors and other period details, it really is the best of old and new. Located on a corner lot with a detached 2 car garage. The multiple rooms throughout the space are great for privacy with guests and unlimited options for services to provide. Professionals in the medical industry will appreciate this location so close to the hospital and also the ease in getting on & off the island. 

Turnkey Accommodations to Start Your Extended Business

123 Spring Street, Newport, Rhode Island

Host the travelers coming into Newport! Located in the heart of Newport, Rhode Island on historic Spring Street, this home is currently set up as a B&B. You’ll love the amazing view of downtown from the third floor. Renovated from top to bottom this chic home features 10 en-suite guest rooms and one 2-bedroom suite.This is a once in a lifetime opportunity to buy a turnkey property in downtown Newport. Investing in this property means you’re ready to run a successful business and enjoy the benefits of long term wealth.

353 Spring Street, Newport, Rhode Island

Have you ever wanted to run your own B&B? This luxurious inn is conveniently located on Spring Street in the heart of historic Newport, Rhode Island. Just steps away from Newport Harbor, world class shopping, fine dining, historical sites and so much more! This modern inn with historic charm features six guest rooms and one deluxe suite with stunning harbor views. Completely renovated from top to bottom and has plenty of off street parking. A rare opportunity to buy a functioning B&B in downtown Newport. This commercial real estate is the complete package to invest in, you will have a piece of a Newport that you can share with many guest to come.

Be Your Own Boss (aka a Landlord) 

433 Spring Street Unit #4, Newport, Rhode Island

Become a landlord of this mixed-use commercial building is zoned Waterfront Business. Located in the heart of Lower Thames Street you would be owning a piece of real estate and have huge income potential for this building. The first floor space is a commercial retail space with two large front windows for display, high ceilings, half bath, and a large back room great for storage or an office. The second floor unit is a recently remodeled three bedroom, two bath apartment with plenty of space for guests and visitors. The third floor is a loft-style one bedroom apartment with vaulted ceilings, an open living and kitchen area, and doors leading out to the large deck with harbor views. Both units are turnkey and ready for guests. Being a landlord doesn’t necessarily entail having to maintain your tenants and the upkeep of the property – have a Property Manager in place to oversee all units. Don’t miss out on a rare opportunity to buy a building with this coveted zoning.

575-577 Spring Street, Newport, Rhode Island

Interior Designer meets Landlord. Imagine owning a slice of Newport and renovating it to your liking and creating a home for families.Located on a large corner lot directly across from Morton Park, this two-unit multi-family property is waiting for your cosmetic updates. Owned and maintained by the same family for over 45 years, this home is bursting with potential. Plenty of living space in both apartments with each unit boasting their own private deck overlooking Spring Street and all separate utilities. This location would be a great option to purchase if you’re looking to put in some hard work and receive an even larger income monthly.

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